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Pessimism Hits Record: 73% Of Americans, All Time High, Think US Is Headed In Wrong Direction

Tyler Durden's picture




 

Perhaps someone should staple the following latest poll from Reuters/Ipsos to the office door of the Fed chairman in the Marriner Eccles building, according to which a record number of people or 73% of all Americans, believe the economy is headed in the wrong direction. This is the highest number measured since the poll started its survey in February of 2009. Only 21% believe the US is on the right track: we assume these are the few people who actually made money in the stock market in the past few months, in other words those long various precious metals [/sarcasm]. Additionally, 47% of respondents believe the worst is yet to come for the economy, the highest since the March 2009 low when the number was 57%. Furthermore, Obama's approval rating dropped from 49% to 45% over the past month. Perhaps it is time to kill Osama for the 3rd (or is that 4th?) time. Bottom line: pessimism is now at or near fresh all time highs. And this is the environment in which the true viceroy of the Americas, Goldman Sachs, has now decreed will proceed with QE3? If the American revolution was deferred back in November when QE2 was enacted, we fail to see how it will be avoided this time around when people realize that gasoline is headed for $9/gallon. Or roughly what Europeans pay today.

Visually:

 

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Wed, 08/10/2011 - 15:21 | 1547680 earthling
Wed, 08/10/2011 - 15:33 | 1547740 spiral_eyes
Wed, 08/10/2011 - 15:37 | 1547752 asdasmos
asdasmos's picture

We have the first gold related death. Don't short Gold.

 

http://www.nbclosangeles.com/news/weird/Stock-Broker-Leaps-to-Death-Amid...

Wed, 08/10/2011 - 15:48 | 1547801 spiral_eyes
spiral_eyes's picture

but gold is just a barbaric relic?

humans have moved on since gold! we now have paper enshrined by the power of government! THAT has inherent value, not some magical mystery metal! the lord his bernankenstein decrees it!

Wed, 08/10/2011 - 16:50 | 1548299 asdasmos
asdasmos's picture

We need to put the Gold shorters on suicide watch.

Wed, 08/10/2011 - 16:58 | 1548375 Random_Robert
Random_Robert's picture

I know-

I just can't believe people are too dense to see how awesome our paper system really is, but they will learn. I am short 1000 contracts of Dec Gold, with a bid to cover at 999. Easy money

/sarc

Wed, 08/10/2011 - 17:36 | 1548571 JP McManus
JP McManus's picture

Can anyone confirm this is MethMan?

Wed, 08/10/2011 - 18:49 | 1548879 Diogenes
Diogenes's picture

Dont sell America short used to be the motto. And gold is a barbarous relic.

Now it seems to be the other way around.

Wed, 08/10/2011 - 16:05 | 1547914 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Bernanke is confusing the rational consumer again.  Brilliant.  When they are just poor enough he will throw cash from helicopters.  Brilliant!  Bernanke the Brilliant!

Wed, 08/10/2011 - 18:50 | 1548876 legal eagle
legal eagle's picture

But, but, but, things are not going to get better -- so pessimissm is realism.

Wed, 08/10/2011 - 15:26 | 1547682 Chief KnocAHoma
Chief KnocAHoma's picture

Maybe the O will hold another press conference and tell me I no longer have to eat my peas and now I am entitled to a piece of chocolate cake. YAY!

I am The Chief

PS buy land - http://sotcksdairyroadfarm.blogspot.com/

Wed, 08/10/2011 - 15:45 | 1547782 Buckaroo Banzai
Buckaroo Banzai's picture

I can't believe that 45% of Americans think Obama is doing a good job. I call bullshit.

Wed, 08/10/2011 - 15:48 | 1547797 Henry Chinaski
Henry Chinaski's picture

I can't believe this is sustainable...

Percent of    
US Federal spending that is borrowed = 39.0%
US population on food stamps = 15.1%
Workforce employed by Fed/State/Local Govt = 11.4%
Population Paying Income Tax = 35.9%

In other words    

1 out of every…    
$2.56 spent by the government is borrowed.
6.6 people in the US is on food stamps.
8.8 workers in the US is employed by Federal, State or Local Government.
2.8 people in the US pays income tax.

There are    ...
8.8 taxpayers for each government employee.
4.6 private sector taxpayers for each government employee.

source: usdebtclock.org as of 8/10/2009

Federal deficit
$14.595 Trillion

Wed, 08/10/2011 - 15:51 | 1547823 cossack55
cossack55's picture

Amount of US population over-medicated = 45%

Wed, 08/10/2011 - 16:46 | 1548278 I am more equal...
I am more equal than others's picture

You can fool 45% of the people all the time. 

 

Is the captain on a ship of fools a fool? 

 

...captain oh my captain...

Wed, 08/10/2011 - 17:37 | 1548575 JP McManus
JP McManus's picture

Remember, 50% of the population is below average.

Wed, 08/10/2011 - 15:51 | 1547827 DonnieD
DonnieD's picture
I used to think the same until I realzed that 50% don't pay taxes and our on the dole. So that means that even 5% of them don't like him!
Wed, 08/10/2011 - 16:02 | 1547892 snowball777
snowball777's picture

With logic that profound, you should be in a breadline too.

Wed, 08/10/2011 - 16:03 | 1547893 Conor
Conor's picture

Yes, yes, yes!

This is exactly right!  And this is why I talk about investing in lead of the 9mm, .45, .223, and 00 buck variety. 'Cause when a that monthly allotment on the food stamp card won't buy a week's worth of groceries, where do you think they are going to go?

Just look at England, Egypt, anywhere for that matter.

Wed, 08/10/2011 - 16:38 | 1548186 Buckaroo Banzai
Buckaroo Banzai's picture

Oh. Shit. I forgot about that.

Never mind.

Thu, 08/11/2011 - 00:12 | 1549825 Clearly_Irrational
Clearly_Irrational's picture

When did federal income taxes become the only tax?  What about sales tax, state income tax, property tax, payroll taxes, excise taxes, etc.?  Find me a person who pays zero tax and that's someone who is homeless, jobless, and living off the charity of others.

Wed, 08/10/2011 - 16:00 | 1547872 Citxmech
Citxmech's picture

Who are the 27% who think we're headed in the "right" direction?

It's scary to think that some of those folks are actually breeding.

Wed, 08/10/2011 - 16:15 | 1547951 iDealMeat
iDealMeat's picture

I AM!  The exponentially increasing HFT bubble blowing machine based on lies and manipulation is probably the right direction. It is the fastest means to complete systemic crash.

 

We need a massive pull back, burned, bleached, and reset..  Then slooow growth backed by "tradition"..

 

pass the popcorn.

Wed, 08/10/2011 - 16:13 | 1547966 Sudden Debt
Sudden Debt's picture

Here are you foodstamps sir, but eh.... before I hand them over to you.... could you fill out this form about what you think about Obama our great leader?

44%! KATCHING!

There is also a 1% margin of error....

45%!! KATCHING KATCHING!!

Wed, 08/10/2011 - 16:17 | 1548009 Matte_Black
Matte_Black's picture

Mr. Banzai:

A mere few 1000ths of a mm beneath our skins we are all just soft pink stuff. Does that help?

Wed, 08/10/2011 - 16:08 | 1547929 Long-John-Silver
Long-John-Silver's picture

Let them eat cake and just this once they may select chocolate.

Wed, 08/10/2011 - 16:57 | 1548356 Chief KnocAHoma
Chief KnocAHoma's picture

Now that was funny!

Wed, 08/10/2011 - 16:58 | 1548372 andybev01
andybev01's picture

May I please have red velvet instead?

It will help disguise the blood I have recently begun vomiting.

Wed, 08/10/2011 - 15:22 | 1547685 kito
kito's picture

im a contrarian.......invest long on discretionaries!!!!

Wed, 08/10/2011 - 15:22 | 1547686 Sudden Debt
Sudden Debt's picture

WHO THE FUCK ARE THOSE OTHER 27%!!!!!?????!!!!!

DISNEYLAND EMPLOYEES?!

 

Wed, 08/10/2011 - 15:24 | 1547691 Dr. Engali
Dr. Engali's picture

They are the few who think it's beyond repair and needs a reset.

Wed, 08/10/2011 - 15:25 | 1547696 dwdollar
dwdollar's picture

No, they are government workers.

Wed, 08/10/2011 - 15:28 | 1547717 Dr. Engali
Dr. Engali's picture

You have a point. Although they seem to be bitching louder than most.

Wed, 08/10/2011 - 15:46 | 1547790 CrimsonAvenger
CrimsonAvenger's picture

Have you ever dealt with government union members...on anything? Pay, benefits, performance? I swear, it's like touching a burn victim.

Thu, 08/11/2011 - 04:48 | 1550020 Pay Day Today
Pay Day Today's picture

Remember that Apple didn't collect $70B-odd in cash reserves by using unionised labour. Those cheap Chinese rats were far more profitable than Californians.

Wed, 08/10/2011 - 15:25 | 1547697 IQ 145
IQ 145's picture

Nice. I was thinking; "too bad they don't have any idea what the right direction is". Which they don't.

Wed, 08/10/2011 - 15:30 | 1547726 piceridu
piceridu's picture

SD....Hilarious!!!!

Wed, 08/10/2011 - 15:50 | 1547815 Henry Chinaski
Henry Chinaski's picture

They are governement employees.

Wed, 08/10/2011 - 15:58 | 1547848 macholatte
macholatte's picture

Who knows if these polls are valid or politically motivated. The propaganda machine is so very sophisticated these days. Yet, no organized opposition to the status quo. So that tells me that the apathy switch in "ON". Self defeating behaviour, change the channel, don't bother them with facts and don't do anything to cause them to get off their butts and go outside and sit in the street until the freeway is completely clogged with people sitting in the road playing with their iPads and cell phones and such. No need to shoot guns and burn shit. But none of it is happening in the USA. It is disappointing.

 To sin by silence when they should protest makes cowards of men.
Abraham Lincoln

Wed, 08/10/2011 - 20:44 | 1549318 WebWeasel
WebWeasel's picture

They're the ones taking a close look at their own colon.

Wed, 08/10/2011 - 23:36 | 1549771 mayhem_korner
mayhem_korner's picture

I understand that's a service that can be outsourced to Congressman Frank (D-MA).

Wed, 08/10/2011 - 15:23 | 1547688 dick cheneys ghost
dick cheneys ghost's picture

I saw the fat lady last nite

 

 

and she was singing.........

Wed, 08/10/2011 - 15:28 | 1547718 Bam_Man
Bam_Man's picture

I looked up in the sky and saw Danderoo singing "Turn Out the Lights the Party's Over" to Howard Cosell.

Wed, 08/10/2011 - 16:51 | 1548311 A Lunatic
A Lunatic's picture

You sure she was singing? Sounded more like begging for mercy to me, although I freely admit I don't really understand all that high pitched Italian wailing. Did the fucking lasagna get burned or something?

Wed, 08/10/2011 - 15:23 | 1547689 Gubbmint Cheese
Gubbmint Cheese's picture

I thought we were living in an autonomous collective.....

Wed, 08/10/2011 - 15:41 | 1547768 fuu
fuu's picture

Come see the violence inherent in the system.

Wed, 08/10/2011 - 16:03 | 1547896 snowball777
snowball777's picture

Help! I'm being repressed!

Wed, 08/10/2011 - 16:55 | 1548345 A Lunatic
A Lunatic's picture

I am assuming by repressed you mean ass raped.

Wed, 08/10/2011 - 15:47 | 1547796 CrimsonAvenger
CrimsonAvenger's picture

You're fooling yourself.

Wed, 08/10/2011 - 15:24 | 1547690 Conrad Murray
Conrad Murray's picture

Perhaps it is time to kill Osama for the 3rd (or is that 4th?) time.

Then they'd have to kill the people that killed Osama again. And the people that killed the people that killed Osama again.

 

gasoline is headed for $9/gallon. Or roughly what Europeans pay today

All going according to plan: "Somehow we have to figure out how to boost the price of gasoline to the levels in Europe" - Steven Chu, US Energy Secretary

Thanks Barry Soetoro!

Wed, 08/10/2011 - 15:29 | 1547722 IQ 145
IQ 145's picture

Steven Chu is a global warming cult member; he was appointed because the Prez. got feedback from the pollsters that people wanted something done about the terrible global warming problem. It makes a difference what propaganda you allow to take over your head; this shows you the chain of events that occurs. Please be as vocal as possible in stating the obvious; there is no global warming. none. zero. nada. Look it up. and then shout loudly; these freakish cult members can do enormous damage.

Wed, 08/10/2011 - 15:39 | 1547759 New_Meat
New_Meat's picture

IQ: Chu has a PhD in physics and a Nobel--you ought to be respectful to your Better ;-)

"Please be as vocal as possible in stating the obvious; there is no global warming. none. zero. nada...."

Well, AlGore calls 'Bullshit' on your statement, e.g.:

http://powerwall.msnbc.msn.com/business/its-easy-being-green-the-most-en...

But we're making headway.  Just wait until Jane 6 Pack can't get her 100 w Edison Lightbulbs and has to settle for Curly Fried Lightbulbs.

- Ned

Wed, 08/10/2011 - 15:53 | 1547835 JW n FL
JW n FL's picture

http://www.google.com/#hl=en&xhr=t&q=koch+brothers+global+warming&cp=28&pf=p&sclient=psy&source=hp&aq=0&aqi=g2&aql=&oq=koch+brothers+global+warming&pbx=1&bav=on.2,or.r_gc.r_pw.&fp=739cf39a78c48e1&biw=1920&bih=925

Daily Kos: Global Warming is real say the Koch Brothers

www.dailykos.com/.../-Global-Warming-is-real-say-the-Koch-Broth... - Cached 

Apr 4, 2011 – Global Warming is real say the Koch Brothers. The Climate Change Denier Scientist the Koch Brothers paid to debunk Global Warming has ...


  • The Koch Brothers' Vast Right-Wing Media Conspiracy | Mother Jones


    motherjones.com/.../2011/02/koch-brothers-media-beck-greenpeace - Cached 

    Feb 4, 2011 – "The global warming deniers aren't being candid that their funding is ... The Koch brothers also spent $1 million on a ballot measure last fall to ...


  • Koch Industries: Secretly Funding the Climate Denial Machine ...


    www.greenpeace.org/usa/en/.../global-warming-and.../koch-industri... - Cached 

    Charles and David Koch have quietly funneled over $55 million to ... groups that are working to delay policies and regulations aimed at stopping global warming. ... The Koch brothers, their family members, and their employees direct a web of ...


  • Koch Industries multibillionaire Koch brothers bankroll attacks on ...


    www.climatesciencewatch.org/.../koch-industries-multibillionaire-ko... - CachedSimilar

    Mar 18, 2010 – The Koch brothers have stepped forward with deep pockets to bankroll ... Institute : Red Hot Lies: How Global Warming Alarmists Use Threats, ...


  • New Yorker exposes Koch brothers along with their greenwashing ...


    thinkprogress.org/.../new-yorker-koch-brothers-smithsonian-tea-par... - Cached 

    Aug 24, 2010 – Bombshell: Warming May Shrink Russian Permafrost 30% by 2050 · New Yorker exposes Koch brothers along with their greenwashing and .... visitors with the distinct impression that human-caused global warming is no big ...


  • Billionaire Koch brothers back suspension of California climate law ...


    latimesblogs.latimes.com/.../koch-brothers-global-warming-prop-23... - CachedSimilar

    Sep 2, 2010 – A company owned by oil billionaires Charles and David Koch has contributed $1 million to Proposition 23, a November ballot initiative to ...


  • Record Low Temperatures: Global Warming and Koch Brothers ...


    www2.ljworld.com/comments/cr/1203/42051/ - Cached 

    Feb 10, 2011 – Record Low Temperatures: Global Warming and Koch Brothers Suspected as Causes. All across the nation several localities set new record ...


  • How the Koch Brothers Fund the Climate Change Denial Machine ...


    www.care2.com/.../how-the-koch-brothers-fund-the-climate-change... - Cached 

    Apr 12, 2011 – Charles and David Koch, known far and wide as the Koch brothers, are major funders of climate ... 378337 people care about Global Warming ...


  • Koch Brothers Fund Anti-Warming Propaganda in California | Use ...


    www.celsias.com/.../koch-brothers-fund-anti-warming-propaganda-... - CachedSimilar

    Sep 13, 2010 – This law, also called the Global Warming Solutions Act, is essentially a ... to the Koch brothers and their henchmen (for lack of a better word). ...


  • Koch Brothers Prove Global Warming is REAL


    acapella.harmony-central.com/showthread.php?...Koch-Brothers...G... - Cached  11 posts - 8 authors - Last post: Apr 5

    The Koch brothers. That's obviously the money behind the self pwning politicians. The Kochs funded a study to try to prove that global warming ...

  • Wed, 08/10/2011 - 15:55 | 1547843 JW n FL
    JW n FL's picture

    http://www.google.com/#sclient=psy&hl=en&source=hp&q=canada+winter+olypmics+rain&aq=f&aqi=&aql=&oq=&pbx=1&bav=on.2,or.r_gc.r_pw.&fp=739cf39a78c48e1&biw=1920&bih=925

    How Vancouver can hold a Winter Olympics with no snow ...

    www.csmonitor.com/.../Olympics/.../How-Vancouver-can-hold-a-W... - CachedSimilar

    Feb 12, 2010 – Work crews continue to move snow as heavy rain falls prior to the start of the men's and women's mogul training for the 2010 ... Sean Kilpatrick/The Canadian Press/AP ... In Pictures: Vancouver 2010 Winter Olympic venues ...

    ?


  • Rain Defeats Tech at the Winter Olympics : Discovery News


    news.discovery.com › Tech and Gadgets News - CachedSimilar

    Feb 11, 2010 – The future of the Winter Olympics is uncertain and I fear that no amount of green tech will be able to save the snow. Vancouver's efforts to make ...


  • Warm Weather, Rain Hamper Snow Making at Olympic Venues ...


    www.bloomberg.com/apps/news?pid=newsarchive&sid... 

    Jan 11, 2010 – Rain and unseasonably warm temperatures are hampering snow-making operations for the Vancouver Winter Olympics with a month to go ... According to Environment Canada, the daily average temperature for Vancouver in ...


  • Winter Olympics organisers fear excessive rain may cause snow ...


    www.telegraph.co.uk/.../winter-olympics/.../Winter-Olympics-organisers-fe...Similar - Add to iGoogle

    Jan 13, 2010 – Vancouver has welcomed the one month countdown to the Winter Games while Olympic organisers confronted their what looks likely to be their ...


  • Spring Weather for the Olympic Winter Games


    www.ec.gc.ca › ... › Top Ten Weather Stories2010 - Cached 

    1. Spring Weather for the Olympic Winter Games. A map of Canada indicating where warm weather impacted the Olympic venues in southern British Columbia ...

  • Wed, 08/10/2011 - 15:58 | 1547854 ironymonger
    ironymonger's picture

    Something on your mind?

    Wed, 08/10/2011 - 16:15 | 1547992 Sudden Debt
    Sudden Debt's picture

    really dude....

    I always have to scroll TWICE to pass your paste jobs...

    Wed, 08/10/2011 - 16:27 | 1548095 Matte_Black
    Matte_Black's picture

    no shit... if i wanted read the entire content of another blog i would gt to THAT fucking blog.... can we stop with the wholesale cut and paste bullshit now please?

    its not as if they are dropping some earth shattering news on any of us. IOW... yes we know...

    Wed, 08/10/2011 - 19:08 | 1548958 Dick Fitz
    Dick Fitz's picture

    IQ145-

    Don't deny global warming- there is enough evidence of a SLIGHT increase over the last few decades to allow them to dismiss you. Instead point out that IT HAS HAPPENED FOR THOUSANDS OF YEARS, and it is NATURAL! The Earth has warmed and cooled many times in geological history, and appears to be heavily influenced by solar variations. Hell, some climate scientists in the UK were warned NOT to make any generalizations from their research that showed the effect of cosmic rays on cloud formation and global temperature, since it went against the "global warming" religion.

    Thu, 08/11/2011 - 00:16 | 1549831 Clearly_Irrational
    Clearly_Irrational's picture

    Forget global warming, now peak oil, there is a problem you can sink your teeth into.  Nothing like staring at the complete collapse of technic civilization coming down the pike and not doing anything about it.

    Thu, 08/11/2011 - 04:52 | 1550021 Pay Day Today
    Pay Day Today's picture

    +1

    Global climate change is what we worry about after (if) we survive the next 10-15 years.

    Shit that it's come to this though.

    Wed, 08/10/2011 - 16:32 | 1548148 ReactionToClose...
    ReactionToClosedMinds's picture

    had forgotten about that Chu statement:  could it really be?   nah ..... gov't officials would not really want to do soemthing like that would they?

    Wed, 08/10/2011 - 15:24 | 1547692 dwdollar
    dwdollar's picture

    This is bullish...  for revolutions.

    Thu, 08/11/2011 - 01:02 | 1549895 FIAT_FixItAgainTony
    FIAT_FixItAgainTony's picture

    yaaaa!  couldn't have happened sooner.

    Wed, 08/10/2011 - 15:24 | 1547693 problemfixr
    problemfixr's picture

    I'm long on clubs and bandanas

    Wed, 08/10/2011 - 20:45 | 1549329 WebWeasel
    WebWeasel's picture

    SPAM and ammunition dude.

    SPAM and ammunition.

    Wed, 08/10/2011 - 15:24 | 1547694 Bam_Man
    Bam_Man's picture

    headed in the wrong direction

    Not anymore. We are there.

    Wed, 08/10/2011 - 15:28 | 1547704 FunkyMonkeyBoy
    FunkyMonkeyBoy's picture

    73% of Americans are starting to think "Sh*t, you mean there is no more magic? Does this mean we have to suffer some kind of austerity (i.e. quality of life degradation). Does this mean i can't sit around eating cheeseburgers and watching Netflix movies, while some poor son of a b*tch in the far east supports my lifestyle by working 16 hour days and eating rice?".

    America is coming down, and the world if very grateful for that.

    Wed, 08/10/2011 - 15:29 | 1547720 Chief KnocAHoma
    Chief KnocAHoma's picture

    When I am faced with dificult times such as these I summon my strength by asking one simple question:

    "What would TonLoc do now?"

    I am The Chief

    Wed, 08/10/2011 - 15:54 | 1547839 cossack55
    cossack55's picture

    Probably break out the peace pipe, some popcorn and laugh his ass off.  Gotta love justice.

    Wed, 08/10/2011 - 16:07 | 1547921 Steaming_Wookie_Doo
    Wed, 08/10/2011 - 16:28 | 1548103 DosZap
    DosZap's picture

    Steaming @ 16:07,

    What does anal sex have to do with anything.........maybe your pointing us the culture of perversion, and  moral degradation,that permeates our youth, and society as a whole.If so, yes I agree.

    Wed, 08/10/2011 - 15:27 | 1547705 yabyum
    yabyum's picture

    The level of beat down in America is stunning, we are not a big push from the riots  going on in England, 'c'ept we are armed to the teeth.

    Wed, 08/10/2011 - 15:48 | 1547800 pods
    pods's picture

    And we almost have the equivalent of the entire population of England on Food Stamps.

    This is going to end well.

    Not.

    pods

    Wed, 08/10/2011 - 15:55 | 1547840 cossack55
    cossack55's picture

    Not to mention, have you seen English food. Better to eat the stamps.

    Wed, 08/10/2011 - 16:20 | 1548031 Sudden Debt
    Sudden Debt's picture

    As long as you fry them, I don't see why not.

     

    Wed, 08/10/2011 - 16:11 | 1547955 toady
    toady's picture

    And THAT will truly be the end of it.

    Imagine the current England stuff happening in US inner cities. The one dead here, two dead there would be ten here, twenty there, and quickly escalate to 100 & 200 with the kind of artillary on the streets these days.

    I'll refrain from the usual 'bring it on!' In the hope that the above scenario will sink in a little bit...

    Wed, 08/10/2011 - 15:44 | 1547712 Mercury
    Mercury's picture

    The questions here aren't terribly specific and these results might very well indicate a general preference for: "Fix it! Make it like it was before! Where's all my fancy stuff at?!"

    73% of Americans probably think gravity is headed in the wrong direction too.

    Trans-societal deleveraging is the only way out people.  Prepare. Embrace it or hit rock bottom hard.

    Wed, 08/10/2011 - 15:28 | 1547714 machineh
    machineh's picture

    I'm pessimistic that Comex is going to hike PM margins.

    Then there truly will be no place to hide.

    Which of course is their objective.

    Wed, 08/10/2011 - 15:56 | 1547847 cossack55
    cossack55's picture

    Hard to hike margins when your buildings are on fire.  Chicago, remember.

    Wed, 08/10/2011 - 16:22 | 1548055 Sudden Debt
    Sudden Debt's picture

    WHY NOT?

    I STILL HAVE SOME STORAGE ROOM LEFT! :)

    and oktober is BONUS month so that's when I'm buying some more :)

    I HOPE THEY RAISE IT TO 100%!

    and after that, you won't be able to buy it anymore because everybody wants it now.

     

    Wed, 08/10/2011 - 15:28 | 1547716 youngman
    youngman's picture

    Actually this gives me a little faith in the Amercian Public....I thought they were dumb and dumber..

    Wed, 08/10/2011 - 15:29 | 1547721 entendance
    Wed, 08/10/2011 - 15:30 | 1547728 digalert
    digalert's picture

    What? The road sign said 'FORK' so we took it...

    Wed, 08/10/2011 - 16:05 | 1547911 snowball777
    snowball777's picture

    DE-cider!

    Wed, 08/10/2011 - 20:48 | 1549336 WebWeasel
    WebWeasel's picture

    Said FORK, took FORK now we are FORKED.

    Wed, 08/10/2011 - 15:30 | 1547729 dust to dust
    dust to dust's picture

     I'm long PMs but not one of the 21%.

    Wed, 08/10/2011 - 15:31 | 1547730 Bam_Man
    Bam_Man's picture

    What a bunch of whiners.

    This is only the third stock market crash in eleven years.

    Wed, 08/10/2011 - 15:32 | 1547731 LRC Fan
    LRC Fan's picture

    I blame the Tea Party. 

     

    And S&P. 

     

    And gold. 

     

    Damn that gold.

     

    Anyone seen Hamy or Robo lately? 

    Wed, 08/10/2011 - 16:17 | 1547987 Long-John-Silver
    Long-John-Silver's picture

    Sobbing under the desk.

    Holy Shit!

    Wed, 08/10/2011 - 16:29 | 1548110 New_Meat
    New_Meat's picture

    The quality of Trollz around this joint sure has gone down, n'est ce pas? - Ned

    Wed, 08/10/2011 - 15:31 | 1547734 deepsouthdoug
    deepsouthdoug's picture

    I've been shorting the market so I guess the economy must be heading in the right direction. 

    Wed, 08/10/2011 - 15:40 | 1547739 Temporalist
    Temporalist's picture

    Hooray!  21% of Americans have read "The Secret!"  Thank you Oprah!

    Wed, 08/10/2011 - 15:33 | 1547742 NotApplicable
    NotApplicable's picture

    In other news, Hopium levels are at all time low.

    Additionally, 47% of respondents believe the worst is yet to come for the economy

    .

    These days I don't know of anyone who thinks things are improving, or even bottoming yet.

    Wed, 08/10/2011 - 15:34 | 1547744 EventHorizon
    EventHorizon's picture

    So is it time to get long oil yet is the question? Priced in gold oil is now below March 09 lows which is getting pretty attractive....

    Wed, 08/10/2011 - 15:44 | 1547766 dexter_morgan
    dexter_morgan's picture

    So, if we just eliminate all opposition (tea party and republicans) all will be well. problem solved.

    Those damn tea partiers, been in there only a year and already have run the debt to 14+ trillion dollars - all their fault!!

    Yet, in Wisconsin........after unions spent millions and millions, they only ousted 2 of 6 repubs on recall (dem recalls next week) and didn't regain control. At least one state is headed in the right direction.

     

    Thu, 08/11/2011 - 04:55 | 1550023 Pay Day Today
    Pay Day Today's picture

    Choosing between the Bankers Party and The Other Bankers Party (and their Banker Tea Party hang ons) makes no differemce.

    Wed, 08/10/2011 - 15:41 | 1547767 Number 156
    Number 156's picture

    Go short on everthing except Molitov cocktails and toner ink.

    Wed, 08/10/2011 - 15:45 | 1547778 slewie the pi-rat
    slewie the pi-rat's picture

    actually, it is not impossible to envision that the chairsatan appreciates any effort to let the elected ones know they are not getting very high grades from The People, either. 

    we've just been through, together, a strange-but-true episode of "fiscal integrity in the USA" and here's something for all the "peak peakers": http://67.19.64.18/news/GoldenJackass/2011/8-10gj/1.jpg  (gold/crude oil ratio showing "topside breakout")

    which is probably why PM holders are so mellow, while polls show insane levels of high pessimism. 

    as nancy pelosi might put it:  "why doesn't the FED do something?" 

    okey dokey, i'll try to get them right on that for you, nancy.  trust me! 

    Wed, 08/10/2011 - 15:45 | 1547785 pods
    pods's picture

    Why not just face the raw, hard facts.  Going in the wrong direction?  That is for a road trip.

    Did the people on the Titanic say that when the ship was going under?

    We are done.  Reset please.

    pods

    Wed, 08/10/2011 - 15:46 | 1547791 oobrien
    oobrien's picture

    Good citizens of Metropolis!

    Now that we are sinking into the next Great Depression, let's sing the Ben Bernanke Song together:

    http://www.geraldcelente.proboards.com/index.cgi?board=music&action=display&thread=320

     

    Wed, 08/10/2011 - 15:52 | 1547831 slewie the pi-rat
    slewie the pi-rat's picture

    go fuk yourself, asswipe troll!

    Wed, 08/10/2011 - 15:47 | 1547795 John McCloy
    John McCloy's picture

    We are going to see never before seen desperation in the next 11 months by the establishment resort to unthinkable things to prevent more Americans coming into office in 2012. It is not just their livelihood of theft at stake but their potential freedom as we begin to put these criminals in prison for their treason. I really hope Ron Paul is setting some money aside for personal security because he is gaining in polls and the debate tomorrow is a change for him to highlight once again he predicted all this and all the other puppets on the platform alongside him have not the interests of the populace in mind.

         I fear for his safety now that there is an actual chance for him to win the GOP nomination. We need to protect him.

    Wed, 08/10/2011 - 16:00 | 1547876 chinaguy
    chinaguy's picture

    I sincerely hope he does well in the debate tomorrow. He seems to have problem being succinct and staying on point.....and the sheeple can't keep focused on a line of reasoning for more than 5-10 seconds....

    Wed, 08/10/2011 - 15:49 | 1547806 marcusfenix
    marcusfenix's picture

    i would be encouraged by this, except then i go to the MSM sites and read the comments, i see the the majority of people honestly believe that either Obama's absence or continued presence in the oval office in 2013 will magically fix everything...so unfortunately the sheep are still sheep and the right/ left paradigm is still going strong and the country, as a whole, remains f@cked   

    Thu, 08/11/2011 - 01:31 | 1549915 FIAT_FixItAgainTony
    FIAT_FixItAgainTony's picture

    that's why on the rare occaision i find myself on a MSM site that allows comments w/o a registration i leave thought-provoking comments that hit home to the sheeple and steer the sheeple to sites like zh and jca and sgtbull07 on yt.

    sometimes i only strike a match, other times that match lights a candle, and yet other times i set the room on fire.

    Wed, 08/10/2011 - 15:51 | 1547826 Mr Lennon Hendrix
    Mr Lennon Hendrix's picture

    With a + or - differential of 23%

    Wed, 08/10/2011 - 15:56 | 1547829 jrpuffnstuff
    jrpuffnstuff's picture

    REALLY... American's think?  Well that's sure f'n news.  Absolutely nothing is going to be solved until a good chunk of corruption is rooted out government.  These political fools all need to be jailed along with their banking lobbyists.  That said, they'll let the system break first, grab their gold, and hop on their jets to South America in search of cheap male underage prostitutes and coke.  We'll be left picking up the pieces for their blatant incompetence.

    Wed, 08/10/2011 - 15:55 | 1547842 beastie
    beastie's picture

    Does anyone think anyone else gives a flying fuck what anyone else thinks.

    Wed, 08/10/2011 - 16:07 | 1547922 snowball777
    snowball777's picture

    What do you think?

    Wed, 08/10/2011 - 16:24 | 1548073 Sudden Debt
    Sudden Debt's picture

    who gives a fuck?

    Wed, 08/10/2011 - 16:42 | 1548236 Bay Area Guy
    Bay Area Guy's picture

    Please, be precise.  That's supposed to say, "Who gives a flying fuck?" as opposed to, i guess, a walking fuck or a bus fuck.

    Thu, 08/11/2011 - 01:34 | 1549923 FIAT_FixItAgainTony
    FIAT_FixItAgainTony's picture

    like my buddy's tee shirt says....

    for fucks' sake what the fuck are you fucking looking at you fucking fuck

     

    the beatings will continue until morale improves

    Wed, 08/10/2011 - 15:56 | 1547845 GCT
    GCT's picture

    Do not worry all our teleprompter and chief just announced he is going to have a meeting with Bernank tonight.  Then he will grace us with yet another speech blaming everyone but himself and announce the QE3, most likely by the end of the week.  They will also send money to all the ghettos after what is going on in London.

    All unemployed people will now rebuild roads, build new dams, clear the areas and install the new high speed railway over the cliff.  They are going to announce the new housing project in the USA setting up tents. 

    Wed, 08/10/2011 - 16:26 | 1548087 toady
    toady's picture

    A LONG time ago when I was in the AF I set up tent for big deployments. We got to a point where we could do 400 twenty man tents a day, and that was 30 years ago.

    Imagine what they could do today!

    Wed, 08/10/2011 - 19:09 | 1548964 Diogenes
    Diogenes's picture

    We were all a lot younger 30 years ago.

    Wed, 08/10/2011 - 15:57 | 1547850 SilverDoctors
    SilverDoctors's picture

    -510....2 minutes to go till close.  Will we break -600?

     

     

    www.silverdoctors.com

    Wed, 08/10/2011 - 15:58 | 1547851 JW n FL
    JW n FL's picture

    http://www.youtube.com/user/bstill3?feature=chclk

     

    SR 22 - Debt Increase Passed From: bstill3  | Aug 3, 2011  | 3,618 views   Loading... Congress increased the debt ceiling, but they shouldn't have done it.
    ... (more info)  

    (less info)

    Wed, 08/10/2011 - 15:58 | 1547858 SonnySkyy
    SonnySkyy's picture

    Can we start putting the faces of the 27% who think everything's just ducky up on billboards or something? Call me a glass-half-empty guy, but the fact that more than one quarter of this country thinks things are going well scares the shit out of me.

    Wed, 08/10/2011 - 16:40 | 1548208 New_Meat
    New_Meat's picture

    SonnySkyy: You are a glass-half-empty guy.  There ;-).  But there are too many faces, and our facial photo-recognition database is down.  So, we'll have to resort to a little profiling.  Before 1.20.09, they could be seen conducting candle-light anti-war vigils.  Since then, not so much. 

    Target rich environments in Cambridge, MA, Berkley, CA, and, well, here's the county map, e.g.:

    http://www.dashboardinsight.com/CMS/0c5dbe13-68eb-4c7a-9bf4-f8fc0896d16a...

    - Ned

    {When did they switch the red and blue affiliations?}

    Wed, 08/10/2011 - 16:00 | 1547860 Jumbotron
    Jumbotron's picture

    Just shows what little the American Sheeple know.  ThERE IS NO DIRECTION !!!  No one alive has experienced a situation where due to peak debt and peak cheap energy you will have a 40 year contraction until equilibrium is met. 

    By equlibrium I mean where our expections MUST collapse to meet present and future energy supplies and a new scheme of finance MUCH MUCH less dependent on the creation of debt backed only by the full faith and credit of a nation state.....a nation state run by and populaced by people who have very little reason for someone to put their faith in or have credit generated to.

    Wed, 08/10/2011 - 16:08 | 1547926 Conor
    Conor's picture

    Interesting.  Elaborate please.

     

    Wed, 08/10/2011 - 19:12 | 1548976 Diogenes
    Diogenes's picture

    I think he means a standard of living more like 1911.

    Wed, 08/10/2011 - 23:34 | 1549764 Uncle Remus
    Uncle Remus's picture

    He said 1911.

    Wed, 08/10/2011 - 15:59 | 1547865 konputa
    konputa's picture

    LOL @ deepsouthdoug

     

    No doubt.

    Wed, 08/10/2011 - 16:23 | 1548041 DosZap
    DosZap's picture

    73% of the SHEEPLE,my oh,my.

    Even the Sheeple are not totally stupid...........................they just do not know what we know.

    This should awaken anyone that has doubts that this is a planned and manufactured take down.

    Unless you have an Agenda, you DO NOT go against the will of 73+% of Americans....

    You get the message.IF you care about them, and the country.It's patently obvious since day one, our fearless vacationer does not.

    HIS agenda be done, or else.Cloward & Piven, and Progressivism to the extreme,they would be so proud.

    Wed, 08/10/2011 - 19:18 | 1548998 ZeroAffect
    ZeroAffect's picture

    +2011

    Yep, all going according to plan. Maybe a few bumps and unforseen events along the way but the ends justify the means.

    Wed, 08/10/2011 - 16:35 | 1548169 DosZap
    DosZap's picture

    WAY OT,But.......................

    Sorry for this, but this has me pissed off already.......

    And for those of you WHO can and are not,PLEASE start carrying everyday some kind of protection.

    The random violence is not just happening in the UK, and Europe.It's here, and you are a victim in waiting if you think your safe.

    You, and/or your families saftey/lives, may depend on YOUR ability to do so.

    FWIW..............

    Wed, 08/10/2011 - 16:43 | 1548247 New_Meat
    New_Meat's picture

    Dos, good points.  One comment, you can't assume that this is "random."  Maybe in TX, but in Philly, Boston, Charlotte, Chicago (all happened over Memorial Day) there were crowd "incidents."  Madison, WI just recently.

    So, I say, not "random."

    - Ned

    Wed, 08/10/2011 - 16:36 | 1548179 Matte_Black
    Matte_Black's picture

    I'm thinking 100% (or close) of Americans are going to go to bed tonight thinking that somehow things will be okay tomorrow. They are all wrong.

    Wed, 08/10/2011 - 17:26 | 1548516 Clark Bent
    Clark Bent's picture

    Can't help but notice that the Reuters poll is skewed Democrat, 46 to 38 percent. I think these days you have to look around to find people willing to announce Democrat, so the poll is missing out on anything like a national representation. Then again, imagine that of the greater than 50% Democrat responders, some, probably significant, portion of those are upset about the direction of the country because it is not social justice enough for them. They are holding out for the BIG comeuppance where whitey gets his, and the oppressed are enriched, at least briefly. Taken together, don't know if this poll means anything. But figure about 40% were still committed to George III in 1776. Perhaps only a third were committed to assuming the status of human beings. Sometimes its not the number of dogs in the fight, but the fight in the dogs. 

    Wed, 08/10/2011 - 17:32 | 1548550 malek
    malek's picture

    It's all the TP's fault!

    Shoot that damn messenger!!!

    Wed, 08/10/2011 - 17:46 | 1548606 Webutante
    Webutante's picture

    Actually this is very good news.  Maybe after enough addition suffereing, some of us pessimists will be able to start to turn the country back around.

    Wed, 08/10/2011 - 17:51 | 1548612 nah
    nah's picture

    usama bin laden dies ! ! !

    .

    KILL UBL ! ! !

    Wed, 08/10/2011 - 17:58 | 1548637 gall batter
    gall batter's picture

    my money's on the SUPERCOMMITTEE.  bwahahahahahahahah

     

    Thu, 08/11/2011 - 01:43 | 1549927 FIAT_FixItAgainTony
    FIAT_FixItAgainTony's picture

    darn it, it thought i heard them call it the superCONmittee.  either way i agree bwahahahahahahah

    will gold hit 2011 FRN$ in 2011??????  i say yep from the looks of this clusterfuck poll.

    Wed, 08/10/2011 - 20:55 | 1549367 droper
    droper's picture

    Its going to take a government overhall around the world to fix this one. A few years of depression should do the trick.

    Thu, 08/11/2011 - 01:46 | 1549932 FIAT_FixItAgainTony
    FIAT_FixItAgainTony's picture

    sure seems like this was the plan. 

    calling billy bob and bubba jean -

    "git yer guns an cap them thar pollytickshuns b-four thays makes a run fer tha bordar."

    Wed, 08/10/2011 - 21:14 | 1549429 frank
    frank's picture

    The other 27% polled must live in either the D.C./maryland/northern VA area or on the UES.

    Wed, 09/14/2011 - 05:32 | 1667651 chinawholesaler
    chinawholesaler's picture

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